RENTAL REMAINS A BULWARK

Because of return trips, incremental spending and strong gross margins, video rental remains a growth area for many supermarket chains.In its seventh annual State of the Industry Report, SN found that 39.7% of respondents were expanding the number of departments, up from 31.9% last year, and 28.6% were expanding the number of live inventory departments, up from 27.7% the prior year. However, 17.5%

Because of return trips, incremental spending and strong gross margins, video rental remains a growth area for many supermarket chains.

In its seventh annual State of the Industry Report, SN found that 39.7% of respondents were expanding the number of departments, up from 31.9% last year, and 28.6% were expanding the number of live inventory departments, up from 27.7% the prior year. However, 17.5% said they were "cutting back or eliminating" video rental, up from 12.8% the year befor

Register to view the full article

Already a member? .